by johnireland | Articles
In the United Kingdom, managing inheritance tax (IHT) is a significant concern for many as they plan their estate. The introduction of the Residential Nil Rate Band (RNRB) in April 2017 has been a welcome development, providing substantial tax relief for families...
by johnireland | Articles
In the intricate landscape of estate planning, understanding property ownership, long-term care fees, and the legal nuances of Deprivation of Assets in the UK is crucial for anyone looking to secure their financial future while ensuring adequate care in their later...
by johnireland | Inheritance Tax
In the UK, Inheritance Tax (IHT) can impose a significant financial burden on the estate you plan to leave behind for your loved ones. Utilising life insurance strategically can help manage or mitigate the impact of IHT, ensuring that your beneficiaries receive the...
by johnireland | Articles
At The Legacy Wills Company, we believe that making informed decisions about your estate planning shouldn’t be a leap of faith. It should be a well-informed, thoughtful process that puts your needs and objectives at the forefront. That’s why, before we...
by johnireland | Articles
At The Legacy Wills Company, we understand the importance of effective estate planning to ensure that your hard-earned assets seamlessly transfer to future generations without undue tax burdens. One of the most effective tools in achieving this goal is through...
by johnireland | Articles
Understanding Lasting Powers of Attorney (LPA) One common misconception about Lasting Powers of Attorney (LPA) is that they are only necessary when you fall ill and cannot manage your affairs. However, the best practice is to arrange them while you are fit and well....
